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Belgium's GDP has risen in 2018 but it's not good news …



conjuncture

The gross domestic product (GDP) of Belgium grew 0.3% in the fourth quarter of 2018, compared to the previous quarter, and 1.4% compared to the total of 2018, according to a first estimate released on Wednesday. The National Institute of Accounts (ICN) and the Belgian National Bank (NBB). In December, to present its latest economic forecasts, NBB expected 2018 growth in 2018, 1.4% in 2019, 1.3% in 2020 and 1.2% in 2021.

If the fourth quarter's value is confirmed, the four quarters of 2018 will have the same level of growth: + 0.3% compared to the previous quarter.

To 1.4%, the year 2018 will decline by 2014 (+ 1.3%). The GDP of Belgium grew 1.7% in 2017, 1.5% in 2016 and 1.7% in 2015.

ICN and NBB returned Wednesday in the third quarter accounts. Domestic employment increased by 15,000 (+ 0.3%) quarter-on-quarter and temporary 61,300 (+ 1.3%). "Growth, especially the evolution of employment services, especially the business services sector, as well as the growth seen in the" human health and social activities "sector, has highlighted the" trade, transport and hospitality ". Workers' volume also increased by 0.3% with respect to the previous quarter and 1.4% compared to the previous quarter.


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